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    MKS Instruments Reports First Quarter 2025 Financial Results

    5/7/25 4:30:00 PM ET
    $MKSI
    Industrial Machinery/Components
    Industrials
    Get the next $MKSI alert in real time by email
    • Quarterly revenue of $936 million, at the high end of guidance
    • Quarterly GAAP net income of $52 million and net income per diluted share of $0.77, each above the midpoint of guidance
    • Quarterly Adjusted EBITDA of $236 million, at the high end of guidance, and Non-GAAP net earnings per diluted share of $1.71, above the high end of guidance



    ANDOVER, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today reported first quarter 2025 financial results.

    "We maintained our recent momentum in the first quarter with solid revenue performance that was at the high end of our guidance, led by strong year-over-year growth in both our Semiconductor and Electronics & Packaging end markets," said John T.C. Lee, President and Chief Executive Officer. "Our team is executing well and capturing opportunities across memory and foundry as well as advanced packaging necessary to support AI applications."

    Mr. Lee added, "We exited the quarter seeing pockets of demand improvement in our Semiconductor and Electronics and Packaging markets. We are taking active steps to mitigate the impacts from new trade policies. This situation remains dynamic, but we are confident in our ability to manage through, supported by our resilient global manufacturing and supply chain, strong customer relationships and broad, deep product portfolio."

    "MKS has a strong track record of financial discipline and execution which was once again reflected in our first quarter results," said Ram Mayampurath, Executive Vice President, Chief Financial Officer and Treasurer.

    Mr. Mayampurath added, "Our GAAP and Non-GAAP gross margins were at the high end of our guidance range and our GAAP and Non-GAAP operating income exceeded our guidance midpoints. Our second quarter guidance reflects an overall stable demand environment and strong business fundamentals while also factoring in our current view of potential impacts from evolving trade policies. We remain focused on managing profitability and cash generation to delever and strengthen our balance sheet."

    Selected GAAP and Non-GAAP Financial Measures

    (In millions, except per share data)


     
     Q1 2025 Q4 2024 Q1 2024
    Net Revenues     
    Semiconductor$413  $400  $351 
    Electronics & Packaging 253   254   208 
    Specialty Industrial 270   281   309 
    Total net revenues$936  $935  $868 
    GAAP Financial Measures     
    Gross margin 47.4%  47.2%  47.8%
    Operating margin 11.9%  14.5%  12.2%
    Net income$52  $90  $15 
    Net income per diluted share$0.77  $1.33  $0.22 
    Non-GAAP Financial Measures     
    Gross margin 47.4%  47.2%  47.8%
    Operating margin 20.2%  21.3%  20.2%
    Net earnings$116  $146  $79 
    Net earnings per diluted share$1.71  $2.15  $1.18 
                



    Additional Financial Information

    At March 31, 2025, the Company had $655 million in cash and cash equivalents, $3.2 billion of secured term loan principal outstanding, $1.4 billion of convertible senior notes outstanding and up to $675 million of additional borrowing capacity under a revolving credit facility, subject to certain leverage ratio requirements. During the first quarter of 2025, the Company completed the repricing of its USD term loan B and EUR term loan B and made a voluntary principal prepayment of $100 million on its USD term loan B. Additionally, the Company repurchased approximately 546,000 shares of its common stock for approximately $45 million, and paid a cash dividend of $15 million or $0.22 per diluted share.

    Second Quarter 2025 Guidance

    • Revenue of $925 million, plus or minus $40 million
    • Gross margin of 46.5%, plus or minus 1.0%
    • GAAP operating expenses of $316 million, plus or minus $5 million and Non-GAAP operating expenses of $252 million, plus or minus $5 million
    • GAAP net income of $55 million, plus or minus $21 million and Non-GAAP net earnings of $106 million, plus or minus $19 million
    • GAAP net income per diluted share of $0.81, plus or minus $0.32 and Non-GAAP net earnings per diluted share of $1.56, plus or minus $0.28
    • Adjusted EBITDA of $216 million, plus or minus $23 million



    The guidance for the second quarter is based on the current business environment, including the impact of U.S. import tariffs and the imposition of retaliatory actions taken by other countries up through but not including the date of this release. The Company will continue to monitor and adapt to changes in the business environment as needed.

    Conference Call Details

    A conference call with management will be held on Thursday, May 8, 2025 at 8:30 a.m. (Eastern Time). To participate in the call by phone, participants should visit the Investor Relations section of MKS' website at investor.mks.com and click on Events & Presentations, where you will be able to register online and receive dial-in details. We encourage participants to register and dial in to the conference call at least 15 minutes before the start of the call to ensure a timely connection. A live and archived webcast and related presentation materials will be available on the Investor Relations section of the MKS website.

    About MKS Instruments

    MKS Instruments enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. We apply our broad science and engineering capabilities to create instruments, subsystems, systems, process control solutions and specialty chemicals technology that improve process performance, optimize productivity and enable unique innovations for many of the world's leading technology and industrial companies. Our solutions are critical to addressing the challenges of miniaturization and complexity in advanced device manufacturing by enabling increased power, speed, feature enhancement, and optimized connectivity. Our solutions are also critical to addressing ever-increasing performance requirements across a wide array of specialty industrial applications. Additional information can be found at www.mks.com.

    Use of Non-GAAP Financial Results

    This press release includes financial measures that are not in accordance with U.S. generally accepted accounting principles ("Non-GAAP financial measures"). These Non-GAAP financial measures should be viewed in addition to, and not as a substitute for, MKS' reported results under U.S. generally accepted accounting principles ("GAAP"), and may be different from Non-GAAP financial measures used by other companies. In addition, these Non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles. MKS management believes the presentation of these Non-GAAP financial measures is useful to investors for comparing prior periods and analyzing ongoing business trends and operating results. For further information regarding these Non-GAAP financial measures, please refer to the tables presenting reconciliations of our Non-GAAP results to our GAAP results and the "Notes on Our Non-GAAP Financial Information" at the end of this press release.

    SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS

     

    This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 regarding the future financial performance, business prospects and growth of MKS Instruments, Inc. ("MKS," the "Company," "our," or "we"). These statements are only predictions based on current assumptions and expectations. Any statements that are not statements of historical fact (including statements containing the words "will," "projects," "intends," "believes," "plans," "anticipates," "expects," "estimates," "forecasts," "continues" and similar expressions) should be considered to be forward-looking statements. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Among the important factors that could cause actual events to differ materially from those in the forward-looking statements that we make are the level and terms of our substantial indebtedness and our ability to service such debt; our entry into the chemicals technology business through our acquisition of Atotech Limited ("Atotech") in August 2022 (the "Atotech Acquisition"), which has exposed us to significant additional liabilities; the risk that we are unable to realize the anticipated benefits of the Atotech Acquisition; risks related to cybersecurity, data privacy and intellectual property; competition from larger, more advanced or more established companies in our markets; the ability to successfully grow our business, including through growth of the Atotech business, and financial risks associated with that acquisition and potential future acquisitions, including goodwill and intangible asset impairments; manufacturing and sourcing risks, including those associated with limited and sole source suppliers and the impact and duration of supply chain disruptions, component shortages, and price increases; changes in global demand; risks associated with doing business internationally, including geopolitical conflicts, such as the conflict in the Middle East, trade compliance, trade protection measures, such as import tariffs by the United States or retaliatory actions taken by other countries, regulatory restrictions on our products, components or markets, particularly the semiconductor market, and unfavorable currency exchange and tax rate fluctuations, which risks become more significant as we grow our business internationally and in China specifically; conditions affecting the markets in which we operate, including fluctuations in capital spending in the semiconductor, electronics manufacturing and automotive industries, and fluctuations in sales to our major customers; disruptions or delays from third-party service providers upon which our operations may rely; the ability to anticipate and meet customer demand; the challenges, risks and costs involved with integrating or transitioning global operations of the companies we have acquired; risks associated with the attraction and retention of key personnel; potential fluctuations in quarterly results; dependence on new product development; rapid technological and market change; acquisition strategy; volatility of stock price; risks associated with chemical manufacturing and environmental regulation compliance; risks related to defective products; financial and legal risk management; and the other important factors described under the heading "Risk Factors" in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024 and any subsequent Quarterly Reports on Form 10-Q, each as filed with the U.S. Securities and Exchange Commission. MKS is under no obligation to, and expressly disclaims any obligation to, update or alter these forward-looking statements, whether as a result of new information, future events or otherwise, even if subsequent events cause our views to change, after the date of this press release. Amounts reported in this press release are preliminary and subject to finalization prior to the filing of our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025.

    Company Contact:

    Paretosh Misra

    Vice President, Investor Relations

    Telephone: (978) 284-4705

    Email: [email protected]

     
     
    MKS Instruments, Inc.
    Unaudited Consolidated Statements of Operations
    (In millions, except per share data)
          
     Three Months Ended
     March 31, December 31, March 31,
      2025   2024   2024 
    Net revenues:     
    Products$819  $824  $754 
    Services 117   111   114 
    Total net revenues 936   935   868 
    Cost of revenues:     
    Products 437   443   398 
    Services 55   51   55 
    Total cost of revenues (exclusive of amortization shown separately below) 492   494   453 
    Gross profit 444   441   415 
    Research and development 70   65   70 
    Selling, general and administrative 185   176   170 
    Acquisition and integration costs —   3   1 
    Restructuring and other 16   1   3 
    Fees and expenses related to amendments to the Term Loan Facility 2   —   3 
    Amortization of intangible assets 60   61   62 
    Income from operations 111   135   106 
    Interest income (3)  (5)  (6)
    Interest expense 53   54   87 
    Loss on extinguishment of debt 3   4   9 
    Other (income) expense, net (1)  3   (3)
    Income before income taxes 59   79   19 
    Provision (benefit) for income taxes 7   (11)  4 
    Net income$52  $90  $15 
    Net income per share:     
    Basic$0.77  $1.34  $0.22 
    Diluted$0.77  $1.33  $0.22 
    Cash dividends per common share$0.22  $0.22  $0.22 
    Weighted average shares outstanding:     
    Basic 67.4   67.4   67.0 
    Diluted 67.7   67.7   67.4 
          



    MKS Instruments, Inc.
    Unaudited Consolidated Balance Sheets
    (In millions)
        
        
     March 31, December 31,
      2025   2024 
    ASSETS   
    Cash and cash equivalents$655  $714 
    Trade accounts receivable, net 639   615 
    Inventories 894   893 
    Other current assets 238   252 
    Total current assets 2,426   2,474 
    Property, plant and equipment, net 774   771 
    Right-of-use assets 239   238 
    Goodwill 2,496   2,479 
    Intangible assets, net 2,238   2,272 
    Other assets 383   356 
    Total assets$8,556  $8,590 
    LIABILITIES AND STOCKHOLDERS' EQUITY   
    Short-term debt$50  $50 
    Accounts payable 323   341 
    Other current liabilities 408   384 
    Total current liabilities 781   775 
    Long-term debt, net 4,409   4,488 
    Non-current deferred taxes 502   504 
    Non-current accrued compensation 139   141 
    Non-current lease liabilities 211   211 
    Other non-current liabilities 160   149 
    Total liabilities 6,202   6,268 
    Stockholders' equity:   
    Common stock —   — 
    Additional paid-in capital 2,067   2,067 
    Retained earnings 512   503 
    Accumulated other comprehensive loss (225)  (248)
    Total stockholders' equity 2,354   2,322 
    Total liabilities and stockholders' equity$8,556  $8,590 
        



    MKS Instruments, Inc.
    Unaudited Consolidated Statements of Cash Flows
    (In millions)
          
     Three Months Ended
     March 31, December 31, March 31,
      2025   2024   2024 
    Cash flows from operating activities:     
    Net income$52  $90  $15 
    Adjustments to reconcile net income to net cash provided by operating activities:     
    Depreciation and amortization 85   87   88 
    Unrealized loss (gain) on derivatives not designated as hedging instruments 2   11   3 
    Amortization of debt issuance costs and original issue discounts 6   7   8 
    Loss on extinguishment of debt 3   4   9 
    Stock-based compensation 22   11   15 
    Provision for excess and obsolete inventory 17   15   11 
    Deferred income taxes (37)  (58)  (36)
    Other 1   2   2 
    Changes in operating assets and liabilities, net of acquired assets and liabilities (10)  7   (48)
    Net cash provided by operating activities 141   176   67 
    Cash flows from investing activities:     
    Purchases of property, plant and equipment (18)  (51)  (18)
    Net cash used in investing activities (18)  (51)  (18)
    Cash flows from financing activities:     
    Repurchase of common stock (45)  —   — 
    Proceeds from borrowings —   —   761 
    Payments of borrowings (113)  (229)  (806)
    Payments of deferred financing fees —   —   (2)
    Dividend payments (15)  (15)  (15)
    Net (payments) proceeds related to employee stock awards (5)  3   (9)
    Other financing activities (2)  (5)  (1)
    Net cash used in financing activities (180)  (246)  (72)
    Effect of exchange rate changes on cash and cash equivalents (2)  (26)  (7)
    Decrease in cash and cash equivalents (59)  (147)  (30)
    Cash and cash equivalents at beginning of period 714   861   875 
    Cash and cash equivalents at end of period$655  $714  $845 
          



    The following supplemental Non-GAAP earnings information is presented to aid in understanding MKS' operating results:
          
    MKS Instruments, Inc.
    Schedule Reconciling Selected Non-GAAP Financial Measures
    (In millions, except per share data)
          
     Three Months Ended
     March 31, December 31, March 31,
      2025  2024  2024
    Net income$52  $90  $15 
    Acquisition and integration costs —   3   1 
    Restructuring and other 16   1   3 
    Amortization of intangible assets 60   61   62 
    Loss on extinguishment of debt 3   4   9 
    Amortization of debt issuance costs 5   5   6 
    Fees and expenses related to amendments to the Term Loan Facility 2   —   3 
    Tax effect of Non-GAAP adjustments (22)  (18)  (20)
    Non-GAAP net earnings$116  $146  $79 
    Non-GAAP net earnings per diluted share$1.71  $2.15  $1.18 
    Weighted average diluted shares outstanding 67.7   67.7   67.4 
          
    Net cash provided by operating activities$141  $176  $67 
    Purchases of property, plant and equipment (18)  (51)  (18)
    Free cash flow$123  $125  $49 
    GAAP and Non-GAAP gross profit$444  $441  $415 
    GAAP and Non-GAAP gross margin 47.4%  47.2%  47.8%
    Operating expenses$332  $306  $309 
    Acquisition and integration costs —   3   1 
    Restructuring and other 16   1   3 
    Amortization of intangible assets 60   61   62 
    Fees and expenses related to amendments to the Term Loan Facility 2   —   3 
    Non-GAAP operating expenses$254  $242  $240 
    Income from operations$111  $135  $106 
    Operating margin 11.9%  14.5%  12.2%
    Acquisition and integration costs —   3   1 
    Restructuring and other 16   1   3 
    Amortization of intangible assets 60   61   62 
    Fees and expenses related to amendments to the Term Loan Facility 2   —   3 
    Non-GAAP income from operations$189  $199  $175 
    Non-GAAP operating margin 20.2%  21.3%  20.2%
    Interest expense, net$50  $49  $81 
    Amortization of debt issuance costs 5   5   6 
    Non-GAAP interest expense, net$45  $45  $75 
    Net income$52  $90  $15 
    Interest expense, net 50   49   81 
    Other (income) expense, net (1)  3   (3)
    Provision (benefit) for income taxes 7   (11)  4 
    Depreciation 25   26   26 
    Amortization 60   61   62 
    Stock-based compensation 22   11   15 
    Acquisition and integration costs —   3   1 
    Restructuring and other 16   1   3 
    Loss on extinguishment of debt 3   4   9 
    Fees and expenses related to amendments to the Term Loan Facility 2   —   3 
    Adjusted EBITDA$236  $237  $217 
    Adjusted EBITDA margin 25.2%  25.3%  25.0%
          



    MKS Instruments, Inc.
    Schedule Reconciling Selected Non-GAAP Financial Measures
    (In millions, except per share data)
                
     Three Months Ended March 31, 2025 Three Months Ended December 31, 2024
     Income Before Income Taxes Provision for Income Taxes Effective Tax Rate Income Before Income Taxes  (Benefit) Provision for Income Taxes Effective Tax Rate
    GAAP$59  $7  12.3% $79  $(11) (14.5%)
    Acquisition and integration costs —   —     3   —   
    Restructuring and other 16   —     1   —   
    Amortization of intangible assets 60   —     61   —   
    Loss on extinguishment of debt 3   —     4   —   
    Amortization of debt issuance costs 5   —     5   —   
    Fees and expenses related to amendments to the Term Loan Facility 2   —     —   —   
    Tax effect of Non-GAAP adjustments —   22     —   18   
    Non-GAAP$145  $29  19.9% $153  $7  4.0%
                
                
           Three Months Ended March 31, 2024
           Income Before Income Taxes Provision for Income Taxes Effective Tax Rate
    GAAP      $19  $4  23.1%
    Acquisition and integration costs       1   —   
    Restructuring and other       3   —   
    Amortization of intangible assets       62   —   
    Loss on extinguishment of debt       9   —   
    Amortization of debt issuance costs       6   —   
    Fees and expenses related to amendments to the Term Loan Facility       3   —   
    Tax effect of Non-GAAP adjustments       —   20   
    Non-GAAP      $103  $24  23.3%
                



    MKS Instruments, Inc.
    Schedule Reconciling Selected Non-GAAP Financial Measures - Q2'25 Guidance
    (In millions, except per share data)
        
     Three Months Ending June 30, 2025
     $ Amount Per Share
    GAAP net income and net income per share$55  $0.81 
    Restructuring and other 4   
    Amortization of intangible assets 60   
    Loss on extinguishment of debt 2   
    Amortization of debt issuance costs 4   
    Tax effect of Non-GAAP adjustments (19)  
    Non-GAAP net earnings and net earnings per share$106  $1.56 
    Weighted average diluted shares 67.6   
        
    GAAP operating expenses$316   
    Restructuring and other (4)  
    Amortization of intangible assets (60)  
    Non-GAAP operating expenses$252   
        
    GAAP net income 55   
    Interest expense, net 52   
    Other expense (income), net 1   
    Provision for income taxes 4   
    Depreciation 26   
    Restructuring and other 4   
    Amortization of intangible assets 60   
    Stock-based compensation 12   
    Loss on extinguishment of debt 2   
    Adjusted EBITDA$216   
        
     
    MKS Instruments, Inc.

    Notes on Our Non-GAAP Financial Information


     

    Non-GAAP financial measures adjust GAAP financial measures for the items listed below. These Non-GAAP financial measures should be viewed in addition to, and not as a substitute for, MKS' reported GAAP results, and may be different from Non-GAAP financial measures used by other companies. In addition, these Non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles. MKS management believes the presentation of these Non-GAAP financial measures is useful to investors for comparing prior periods and analyzing ongoing business trends and operating results. Totals presented may not sum and percentages may not recalculate using figures presented due to rounding.

    Acquisition and integration costs include incremental expenses incurred to effect the Atotech Acquisition. Such acquisition costs may include advisory, legal, tax, accounting, valuation, and other professional or consulting fees. Such integration costs may include expenses directly related to integration of business and facility operations, information technology systems and infrastructure and other employee-related costs.

    Restructuring and other includes incremental expenses incurred in connection with restructuring programs and other strategic initiatives, primarily related to changes in business and/or cost structure. Such costs may include third-party services, one-time termination benefits, facility-related costs, contract termination fees and other items that have no direct correlation to our future business operations.

    Amortization of intangible assets includes non-cash amortization expense associated with intangible assets acquired in acquisitions.

    Loss on extinguishment of debt includes the non-cash write-off of unamortized debt issuance costs and original issue discount costs incurred from voluntary prepayments and/or repricing of our term loan facility.

    Amortization of debt issuance costs includes non-cash additional interest expense related to the amortization of debt issuance costs and original issue discount costs associated with our term loan facility.

    Fees and expenses related to amendments to the Term Loan Facility includes direct third-party costs related to repricings or refinancings of our term loan facility.

    Tax effect of Non-GAAP adjustments includes the impact of Non-GAAP adjustments that are tax effected at applicable statutory rates resulting in a difference between the GAAP and Non-GAAP tax rates. 



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    • MKS Breaks Ground on New Chemical Manufacturing and TechCenter Facility in Thailand

      ANDOVER, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- MKS Instruments. Inc. (NASDAQ:MKSI) ("MKS"), a global provider of enabling technologies that transform our world, announced today the groundbreaking of its cutting-edge Atotech chemical manufacturing and TechCenter facility at the Asia Industrial Estate Suvarnabhumi, located east of Bangkok, Thailand. This strategic investment aligns with MKS' commitment to grow alongside its customers and deliver localized expertise to accelerate technological advancements across the region. The new facility also underscores MKS' dedication to fostering Thailand's growing role within the printed circuit board ("PCB") industry. "This facility represen

      5/7/25 9:00:00 AM ET
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    • MKS Instruments to Participate in JP Morgan's 53rd Annual Global Technology, Media and Communications Conference

      ANDOVER, Mass., April 28, 2025 (GLOBE NEWSWIRE) --  MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, announced today that John T.C. Lee, President and Chief Executive Officer, will participate in a fireside chat at JP Morgan's Annual Global Technology, Media and Communications Conference on Wednesday, May 14, 2025 at 11:20 a.m. EDT. A live webcast of the session will be available in the Investor Relations section of the company's website at https://investor.mksinst.com/events-and-presentations and a replay of the event will be available for a limited time thereafter. About MKS Instruments MKS Instruments enables technologies t

      4/28/25 9:00:00 AM ET
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    Insider Purchases

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    • Henry David Philip bought $170,862 worth of shares (2,500 units at $68.34), increasing direct ownership by 29% to 11,073 units (SEC Form 4)

      4 - MKS INSTRUMENTS INC (0001049502) (Issuer)

      11/8/23 11:40:45 AM ET
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    • SEC Form 10-Q filed by MKS Instruments Inc.

      10-Q - MKS INSTRUMENTS INC (0001049502) (Filer)

      5/8/25 3:05:24 PM ET
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    • MKS Instruments Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - MKS INSTRUMENTS INC (0001049502) (Filer)

      5/7/25 4:31:09 PM ET
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    • SEC Form DEFA14A filed by MKS Instruments Inc.

      DEFA14A - MKS INSTRUMENTS INC (0001049502) (Filer)

      4/1/25 8:35:45 AM ET
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    • MKS Instruments Reports First Quarter 2025 Financial Results

      Quarterly revenue of $936 million, at the high end of guidance Quarterly GAAP net income of $52 million and net income per diluted share of $0.77, each above the midpoint of guidanceQuarterly Adjusted EBITDA of $236 million, at the high end of guidance, and Non-GAAP net earnings per diluted share of $1.71, above the high end of guidance ANDOVER, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today reported first quarter 2025 financial results. "We maintained our recent momentum in the first quarter with solid revenue performance that was at the high end of our guidance, led by strong year-o

      5/7/25 4:30:00 PM ET
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    • MKS Instruments Announces First Quarter 2025 Earnings Conference Call

      ANDOVER, Mass., April 14, 2025 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today announced that the Company will release first quarter 2025 financial results after market close on Wednesday, May 7, 2025. A conference call with management will be held on Thursday, May 8, 2025 at 8:30 a.m. (Eastern Time). A live and archived webcast of the call can be accessed on the company's website at https://investor.mks.com/, or by registering as a Participant by clicking here. We encourage participants to register at least 15 minutes prior to the start of the call. About MKS Instruments MKS Instruments enables technolo

      4/14/25 8:00:00 AM ET
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    • MKS Instruments Reports Fourth Quarter and Full-Year 2024 Financial Results

      Quarterly revenue of $935 million, above the midpoint of guidance Quarterly GAAP net income of $90 million and net income per diluted share of $1.33Quarterly Adjusted EBITDA of $237 million and Non-GAAP net earnings per diluted share of $2.15, above the midpoint of guidance ANDOVER, Mass., Feb. 12, 2025 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today reported fourth quarter and full year 2024 financial results. "MKS delivered revenue and adjusted EBITDA above the midpoint of our outlook, closing out 2024 on an impressive note against a mixed demand backdrop," said John T.C. Lee, President and Chief Execut

      2/12/25 4:30:00 PM ET
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    • EVP & GM, PSD Williams John Edward converted options into 1,740 shares and covered exercise/tax liability with 565 shares, increasing direct ownership by 64% to 3,001 units (SEC Form 4)

      4 - MKS INSTRUMENTS INC (0001049502) (Issuer)

      4/18/25 11:04:23 AM ET
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    • VP & Chief Accounting Officer Mccarthy Michelle M converted options into 2,074 shares and covered exercise/tax liability with 608 shares (SEC Form 4)

      4 - MKS INSTRUMENTS INC (0001049502) (Issuer)

      4/17/25 1:51:04 PM ET
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    • Director Mora Elizabeth sold $25,426 worth of shares (275 units at $92.46), decreasing direct ownership by 2% to 17,384 units (SEC Form 4)

      4 - MKS INSTRUMENTS INC (0001049502) (Issuer)

      3/4/25 2:54:31 PM ET
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    • Amendment: SEC Form SC 13G/A filed by MKS Instruments Inc.

      SC 13G/A - MKS INSTRUMENTS INC (0001049502) (Subject)

      11/14/24 1:22:34 PM ET
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    • Amendment: SEC Form SC 13G/A filed by MKS Instruments Inc.

      SC 13G/A - MKS INSTRUMENTS INC (0001049502) (Subject)

      9/10/24 5:08:30 PM ET
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    • SEC Form SC 13G/A filed by MKS Instruments Inc. (Amendment)

      SC 13G/A - MKS INSTRUMENTS INC (0001049502) (Subject)

      2/13/24 5:09:38 PM ET
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    • MKS Instruments upgraded by Citigroup with a new price target

      Citigroup upgraded MKS Instruments from Neutral to Buy and set a new price target of $130.00

      1/6/25 8:14:47 AM ET
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    • Analyst initiated coverage on MKS Instruments with a new price target

      Analyst initiated coverage of MKS Instruments with a rating of Overweight and set a new price target of $145.00

      12/13/24 8:07:24 AM ET
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    • MKS Instruments downgraded by Citigroup with a new price target

      Citigroup downgraded MKS Instruments from Buy to Neutral and set a new price target of $120.00 from $145.00 previously

      9/16/24 7:33:35 AM ET
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